Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-12-15-Speech-3-943"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-12-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"lt"^^xsd:language2
lpv:document identification number	"en.20101215.23.3-943"2
lpv:hasSubsequent	lp_eu:2010-12-15-Speech-3-3322
lpv:speaker	lp:Vilija Blinkevičiūtė2
lpv:spokenAs	substitute; EMPL (2009-07-16--2012-01-18)3 substitute; FEMM (2009-07-16--2012-01-18)3 member; LIBE (2009-07-16--2012-01-18)3 member; S&D (2009-07-14--2014-06-30)3 vice-chair; Delegation to the EU-Ukraine Parliamentary Cooperation Committee (2009-09-29--2014-06-30)3 member; Delegation to the Euronest Parliamentary Assembly (2009-10-07--2014-06-30)3 unknown; Lietuvos socialdemokratų partija (2009-07-14--2014-06-30)3 substitute; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2009-09-16--2014-06-30)3
lpv:translated text	"I voted in favour of this report because the economic and financial crisis that has affected the whole world showed the need to set up a mechanism for monitoring and supervising credit rating agencies. For this reason the European Commission presented a proposal to organise the accreditation and supervision of credit rating agencies by the European Securities and Markets Authority (ESMA). Importantly, this authority will be endowed with its own supervisory powers, but also investigatory powers, and it will be able to punish failure to apply this Regulation. I agree with the European Parliament’s position that there is a need for EU-wide joint oversight of credit rating agencies' products and integrated supervision of them. Furthermore, Parliament suggests focusing on the introduction of the ESMA into the supervision of agencies and on the definition of its new tasks and new powers. It is vital for the ESMA, as soon as it is established, to be in a position to exercise its remit to ensure sound supervision of credit rating agencies operating in the European Union and also third-country agencies whose ratings will be authorised in the European Union."@en1

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